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Union Overnight Fund

Union Overnight Fund

Regular PlanGrowth Option

Fund Performance

Lumpsum

SIP

3.59

as on 24 May 2022

3 Years

Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 11,115 today.

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NAV Performance

Union Overnight Fund performance graph for last 3 years
Performance of Union Overnight Fund for last 3 Years

Fund Information

  • ₹ 1,122.026

    as on 24 May 2022
  • Regular - Growth

  • -

  • ₹ 5,000

  • ₹ 64 Cr.

  • 0.18%

  • 26 Mar 2019

  • Debt - Overnight Fund

  • CRISIL 10 Year Gilt Index

  • Union Mutual Fund

    Show All Funds

Highlights of this fund

Union Overnight Fund is an Open-ended Debt Fund. The fund belongs to Overnight Fund category, where the investment is done in predominantly in stocks that are listed on Stock Exchanges like the Bombay Stock Exchange (BSE) or the National Stock Exchange (NSE) in India as well as Global stock exchanges like the Dow Jones, London Stock Exchange or LSE etc. This fund was started on 26 Mar 2019. This fund is offered by one of the top AMC (Assets Management Company) Union Mutual Fund. You can also view here all other Debt funds offered by Union Mutual Fund.

Latest NAV of the fund is ₹ 1,122.026 as on 24 May 2022.

This fund has 3 years of track record. Since 30 Nov 2021 expense ratio of this fund is 0.18%. Ideally you shoulds compare this fund with the benchmark CRISIL 10 Year Gilt Index.

You can invest in this fund in SIP with the minimum investment of ₹ 2,000. Lumpsum invest is offered with minimum investment of ₹ 5,000.

Fund Objective

To generate returns by investing in Debt and Money Market Instruments with overnight maturity. However, there is no assurance that the Investment Objective of the scheme will be achieved.

List of Fund Managers of Union Overnight Fund

  • About Tarun Singh

    Picture of Tarun SinghMr. Singh has done B.Sc. Prior joining to Union Mutual Fund he has worked with SBI Funds Management Private Limited and Prebon Yamane India Ltd. as Fixed Income Dealer. Enron India Pvt. Ltd as Accounts Executive.
  • About Devesh Thacker

    Picture of Devesh ThackerMr. Thacker is a B.Com (H) and Post graduate from University of Pune. Prior to joining Union AMC in 2011 he has worked with Sahara AMC.

Riskometer : Risk associated with this fund

Investors understand that their principal will be at Low Risk

Fund Return Comparison

Fund Name 1 Week 1 Month 3 Months 6 Months 1 Year 2 Years 3 Years 5 Years 10 Years 1 Year 2 Years 3 Years 5 Years 10 Years
Category Best 0.08% 0.34% 0.89% 1.78% 3.42% 3.25% 3.71% 4.61% 6.34% 3.54% 3.36% 3.36% 3.96% 5.35%
Category Average 0.07% 0.31% 0.83% 1.64% 3.17% 3.12% 3.63% 4.49% 6.20% 3.37% 3.23% 3.30% 3.88% 5.23%
Union Overnight Fund 0.07%₹ 10,007 0.31%₹ 10,030 0.85%₹ 10,084 1.69%₹ 10,168 3.27%₹ 10,327 3.37%₹ 12,217 3.11%₹ 10,632 3.22%₹ 24,808 3.59%₹ 11,115 3.28%₹ 37,848 - - - -
DSP Overnight Fund 0.07%₹ 10,007 0.32%₹ 10,032 0.86%₹ 10,085 1.70%₹ 10,170 3.30%₹ 10,330 3.40%₹ 12,219 3.16%₹ 10,642 3.25%₹ 24,815 3.71%₹ 11,156 3.35%₹ 37,890 - - - -
Axis Overnight Fund 0.07%₹ 10,007 0.32%₹ 10,032 0.86%₹ 10,086 1.72%₹ 10,172 3.33%₹ 10,333 3.43%₹ 12,221 3.19%₹ 10,648 3.29%₹ 24,824 3.70%₹ 11,151 3.36%₹ 37,896 - - - -
Baroda Overnight Fund 0.08%₹ 10,007 0.31%₹ 10,031 0.85%₹ 10,085 1.70%₹ 10,170 3.30%₹ 10,330 3.39%₹ 12,218 3.17%₹ 10,644 3.26%₹ 24,818 3.70%₹ 11,151 3.35%₹ 37,889 - - - -
UTI Overnight Fund 0.08%₹ 10,008 0.31%₹ 10,031 0.86%₹ 10,086 1.70%₹ 10,170 3.30%₹ 10,329 3.41%₹ 12,219 3.16%₹ 10,642 3.26%₹ 24,818 3.67%₹ 11,144 3.34%₹ 37,883 4.51%₹ 12,469 3.93%₹ 66,277 6.34%₹ 18,496 5.35%₹ 1,57,795
Nippon India Overnight Fund 0.08%₹ 10,007 0.31%₹ 10,031 0.86%₹ 10,085 1.70%₹ 10,170 3.28%₹ 10,328 3.39%₹ 12,218 3.13%₹ 10,637 3.24%₹ 24,811 3.66%₹ 11,139 3.32%₹ 37,869 - - - -

Portfolio Holdings

Portfolio holdings pattern of Union Overnight Fund as on 25 May 2022 are listed below:

  • Equity Holdings:

    0.00%
  • Debt Holdings:

    0.00%
  • Others Holdings:

    0.00%